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and senator reid over the weekend. he will meet with them at the appropriate time as well as obviously nancy pelosi and mitch mcconnell. so, the process that he began is continuing. we continue to be optimistic that a balanced approach is achievable. we know what the solutions are. i think what was said in an op-ed, one benefit of all the debates we've had, negotiations and discussions over the past couple of years on this issue is we know what the parameters of a balanced solution to these challenges looks like. they include both spending cuts and revenues, and entitlement reforms. they have to have all three legs to be a part of it. >> host: jay carney yesterday at the white house when he was asked about this idea of going off the fiscal cliff. he has had at his press briefing yesterday thousand, the chairman of president obama's council of economic advisers. to talk about what would happen if we go off the so-called fiscal cliff, and in this report put out by the white house, american consumers will spend 200 billion less in 2013 if the fiscal cliff is not a bird according to this white h
harry reid and mitch mcconnell sent stocks to session lows. this morning we look to open to the downside. implied open down 25. s&p looking to lose five. beige book home sales ahead. as for picture in europe, a bailout for four spanish banks getting approval from the eu. still stocks are down. italy down by almost one full percentage point. road map for the morning starts off with the fiscal cliff. the president meeting with more ceos today bringing his plan straight to the people culminating in an appearance in a factory later this week. >> costco joins the dividend parting initiating a $7 a share payout on top of the regular dividend. >> and a shake-up at groupon. the board may be considering co-founder being released. >> there's powerball fever. 500 million big ones in the pot. how would you spend the money and how does the fiscal cliff factor in? we'll talk strategy with a former lottery winner. >> we begin with the fiscal cliff. this afternoon president obama is scheduled to meet with several business leaders including ceos of home depot, macy's, caterpillar and at&t but futures are
time now. >> hb 800 companies and groups sent a letter to senators harry reid, mitch mcconnell and others to say that they want repeal of the medical device tax as part of the fiscal cliff deal, this is a tax not on profits, on sales, on revenue. even if you post losses you still have to pay the tax. here's what the letter writers are warning about. if it passes, it will adversely impact patient care can increase cost of health care and adversely impact jobs. it's a 43,000 jobs could be lumped medical device makers. pacemakers, stopping brain aneurysms including prosthetics for soldiers returning from overseas and the issue is why you're hitting us with an excise tax on sales? they did a study which found when you do the math it is actually 80% in federal, state and local including the excise tax. lori: why would they go throughr the medical device makers? the tanning bed tax, the kind of understand. >> here is the rationale. the house want repeal it, but has stalled in the senate. the logic is they have to have health insurance, required to have health insurance, the lo
and harry reid over the weekend about avoiding the fiscal cliff. the president will meet with small business owners today. tomorrow he meets with middle class americans who would be affected by tax hikes and more business leaders. friday he's going to travel to hatfield pennsylvania where he will give campaign style remarks to get support for congress to negotiate the right kind of deal. we are back with more steph after this. ♪ [ ♪ theme ♪ ] >> announcer: ladies and gentlemen, it's the "stephanie miller show." ♪ >> yahoo, it is the "stephanie miller show," welcome to it. 1-800-steph-1-2 toll free from everywhere. steven weber. he will be there nobody panic he will be right there. charlie pierce said some good stuff about the fiscal cliff and other things. this is going to be a fascinating discussion. the president playing three dimensional chess. told you so. >> never mind. >> never mind. >> corn? when did we book corn? [ laughter ] >> oh, you kids. i swear. all right, you know what? i think there's a little estrogen in the clubhouse. ♪ ♪ >> hi, jackie schechner. >> good morning
that i grow less confidence by the day. we have heard harry reid say there has been less progress in the talks. it looked to be a beneen session. we have been reading how the republicans were open to a deal that includes revenue increases. we aren't reading how the leadership agrees to it. i'm sure they don't record the presidential election as a referendum to anything. they vote for the betrayial as their own defeats. because the tax increases would amount to a de facto destruction. in other words, let's say you are a hard line democrat. you get higher taxes for the rich. the hard line democrats don't care about the stock market. they probably care that the republicans face hard line stocks anyway. many of the hard liners want a smaller defense budget. here is the bottom line. the combination of these lines pla believe that it is blissful not ignorant. the bill will come soon enough even if there is not an agreement. i say we solve the cliff and we go over the cliff and it turns out that the consumer was just past the dpraf yard all along. >> hi jim. i have grown to adore your sh
asked harry reid of years ago, you're back in power and that the president, why are you pushing it customer he said, "steve, i wish we had time." both parties have let it sit. as a journalist, i want to remind people there has been institutional neglect on both sides, which accredits the senator for now moving, but it has been interesting how people did not see this before and earlier periods. >> i think that is fair. the reality is in the last session, we were literally one vote short from moving forward. i should say the senate was barred the department of defense afforded. despite its importance, i would put it behind us, taking steps to get our economic house in order. it is fundamental to long-term security and fundamental to our core -- global leadership role. it is really the foundation of our long-term power influence as a nation. with respect to human rights, one of the principles that we need to understand and follow is that human rights do matter. >> i want to take that two issues promptly. first thing is energy. east china sea, when president hu jintao made a visit t
're not going to stop the front four of anybody else. >> problematic. hey, with any luck, andy reid will be coaching the packers next year. >> or rex ryan. >> hey, we'll give you rex. you want rex ryan? >> we're happy with our coach. i would not want to be andy reid. >> no. >> he's going to san diego, barnicle tells me. >> he'd be on san diego next year. >> let's talk about what's in politico. you want to do that? >> love to. >> okay. so fiscal cliff is all the talk of washington, obviously. but you guys are writing this morning, your headline about the other fiscal fight, which is, again, the debt ceiling. >> yeah, i think people forget we have essentially three blink moments, sequestration, the debate, and we hit the debt limit probably some time in february. and you have to raise the debt limit unless you take the posture that some folks in the democratic party are recommending and saying just raise it unilaterally, have the president do that. i don't think that's what they want to do right now. in the past, congress has had to raise that debt limit. and as you know, house republ
reid, mitch mcconnell, john boehner, nancy pelosi will be serious. going over the cliff doesn't make any sense. >> we all remember the t.a.r.p. vote that you reference. that really didn't come to a resolution until the markets -- i would argue -- scared washington. i wonder how important you think that is this time? do stocks need to fall before the two sides really get committed at the table? >> that is a terrific question. that's the main question. in two days we lost 1,600 points in the markets. it took us a lot longer time to come back and recover. i sat there and stared defeat in the face. we can't do it now. the markets will respond to certainty. that's what congress needs to give american business and american people. certainty about taxes. certainty about spending in congress and certainty about our commitment to lower the debt. >> how do you argue that you are considering all elements of reform if in fact you're going to stick by the norquist pledge. is there anything wrong with as senator graham has said with saying i made that pledge back then but my job is to be a senator
of taxes. and also stuck on the issue of entitlements. we had harry reid come out and basically say he wasn't open to reforming especially social security. so there's a big question mark about how they're going to move forward. remember, these are sort of their opening bids. presumably there is room for some sort of movement on either side. in terms of getting a deal done by the first of the year, i think there's a lot of pressure on both sides to try to get something done here. you remember the debt ceiling debate. after that sort of knockdown dragout fight, congress had its lowest approval ratings in history. they know they need to get something done. remember, if they don't get something done before the first of the year, it could have serious consequences on the economy. >> i want to ask you both to weigh in on this question. kristen, you do the political angle and neil you give me the nuts and bolts. yesterday john boehner wrote an op-ed calling for the health care law to be part of the negotiations, he wrote in part the president's health care law at the massive, expensive, unworkable
after what, 13, 14 years, eagles' head coach, this could be the swan song for andy re reid. could be out of there. certainly a rough season in the city of brotherly love this year the end of an era possibly for eagles football. my second favorite team. >> saints and eagles have eight wins this year. how many losses. won't do that. >> you are right. >> seven straight losses this season. started 3 and 1. >> ugly. ugly. ugly. ugly. >>> all right. coming up, one of the most unforgettable military takedowns in american history and the heroine who made that happen. >> first, a huge internet retailer's operation on cyber monday. who has been tracking your online shopping habits this season? you are watching "world news now." ♪ the only place you want to be is underneath the christmas tree ♪ ♪ hang me up and put me on top >> announcer: "world news now" weather brought to you by febreze air effects. >> announcer: "world news now" weather brought to you by febreze air effects. take a deep breath for me. describe the smell. it's very pleasant. fresh. some kind of flower maybe? remove the blin
seems to be on board harry reid said he wants to make it much harder for the small membership of the minority to block the desires of the majority. even though we have a record number of women and minorities in the house come january house speaker john boehner has announced who will chair the 19 major house committee, and get this, they are all white men. the house democrats have not released their top announcements yet but we'll have nine high ranking democrats who will be women or a minority. we'll be back after the break. do you share the sense of outrage that they're doing this, this corruption based on corruption based on corruption. >>i think that's an u>> i'm not prone tot. understatement, so explain to me why that is. i think the mob learned from wall st., not vice versa. smiles make more smiles. when the chocolate is hershey's. life is delicious. but whether he's climbing everest, scuba diving the great barrier reef with sharks or jumping into the market he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime
a leader harry reid on the filibuster. after that, we will re-air the comments of chief justice roberts at rice university. >> on tomorrow morning's "washington journal", gas prices and alternative energy efforts. long-term unemployment benefits and why they may end in january without congressional action is discussed. after that, dominic chu describes what wall street investors are doing with their money in excess of the fiscal cliff. close plus your e-mails and phone calls and tweets. "washington journal" is live at 7:00 a.m. eastern on c-span. >> you are watching c-span2 with politics and public affairs. weekdays featuring live coverage of the u.s. senate. on weeknights, watch key public policy events, and every weekend, the latest nonfiction authors and books on booktv. you can see past programs and get our schedules on the website and join in the the conversation on social media sites. >> representatives met in nova scotia earlier this month before the house. this is one hour and 15 minutes. >> welcome back, everybody. i would like to hand over to the dominical steve clemons, who i
with speaker of the house boehner and senate majority leader reid over the weekend. our team is continuing discussions with their congressional counterparts on this matter and it is entirely appropriate, i would say, both for the president and for leaders in congress, to have this discussion, not just among themselves but with the american people. and that's what the president's doing. that's why he's meeting with business leaders. i assume you wouldn't or critics would not suggest that is a mistake or meeting with civic leaders or labor leaders, because everyone the president's meeting with has both i think useful ideas and a substantial stake in the outcome of these negotiations because it is vitally important that we take action to ensure that, for example, middle-class americans don't see their taxes go up by an average of $2,200 next year. there's no reason for that to happen. because as you know, democrats and republicans alike believe those tax rates should not go up. so let's act on what we agree on. let's demonstrate to the american people that washington can function. that when e
Search Results 0 to 13 of about 14 (some duplicates have been removed)

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